FMBH · First Mid Bancshares (FMBH) filed three Rule 425 communications on…

First Mid Bancshares (FMBH) filed three Rule 425 communications on October 29-30, 2026, confirming its definitive agreement to acquire Evergreen Bancshares (parent of American Bank of Freedom) for approximately $70.7 million in stock and cash. The filings are routine customer and employee Q&A documents that reiterate the deal terms, timeline (close Q1 2027, bank merger Q2 2027), and strategic rationale, with no changes to terms or new financial details beyond the original 8-K announcement.

• First Mid Bancshares (FMBH) announced the acquisition of Evergreen Bancshares, Inc. (parent of American Bank of Freedom) for approximately $70.7 million in a stock-and-cash deal valued at 1.10x tangible book value.
• Transaction expected to close in Q1 2027, with bank merger and systems conversion in Q2 2027.
• Deal is ~5% accretive to 2028E EPS (including Durbin impact) and positions FMBH to cross the $10 billion asset threshold.
• FMBH reported Q3 2026 net income of $33.3 million ($1.25 diluted EPS) and a $14.8 million loss on a securities sale to reposition the portfolio.